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PFMP · Question #432

While managing the portfolio value, it is important to know the different roles of responsibilities and accountabilities for the actual benefits realization in order to be able to aggregate the…

The correct answer is B. Portfolio Management Plan. The Portfolio Management Plan is the governing document that defines how the portfolio will be managed, including roles, responsibilities, and accountabilities - such as who is responsible for benefits realization across different portfolio components. It serves as the primary…

Governance

Question

While managing the portfolio value, it is important to know the different roles of responsibilities and accountabilities for the actual benefits realization in order to be able to aggregate the correct value from different components; in which document are these roles and responsibilities mentioned?

Options

  • APortfolio Process Assets
  • BPortfolio Management Plan
  • CPortfolio Strategic Plan
  • DPortfolio Charter

How the community answered

(17 responses)
  • B
    94% (16)
  • D
    6% (1)

Explanation

The Portfolio Management Plan is the governing document that defines how the portfolio will be managed, including roles, responsibilities, and accountabilities - such as who is responsible for benefits realization across different portfolio components. It serves as the primary reference for how value will be tracked and aggregated. The Portfolio Strategic Plan focuses on strategic alignment and direction, while Portfolio Process Assets are historical/procedural records, and the Portfolio Charter authorizes the portfolio at a high level without detailing responsibilities for ongoing value management.

Topics

#Portfolio Management Plan#Roles and Responsibilities#Benefits Realization#Portfolio Governance

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